The improvements would see works to the street scene and for better signage in the area around Liscard Way, as well as bringing empty premises back into use and hosting "pop up" events.

It comes after Labour councillor Bernie Mooney secured the support of her group to bring forward the bid following Mayor Rotheram's announcement last week, which unveiled a £5m funding pot for towns outside Liverpool.

(Image: Copyright Unknown)

Each of the five boroughs outside Liverpool are able to apply for up to £1m of funding each through the City Region Town Centre Commission, and this money would be as part of that.

Cllr Mooney said: "After speaking to colleagues at Wirral Council, I am delighted we will be bringing forward a bid to inject vital cash into Liscard. I am now looking to work with local residents and businesses to deliver improvements to Liscard High Street.

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"If our bid is successful, some of the £500,000 can be invested in immediate improvements to the public realm, the street scene and better signage, but we are also looking to invest some of the money in bringing some of the empty premises back into use - working with local cooperatives, volunteer and community groups and providing 'pop up' and event space for community activities.

"As a Liscard resident I know how important investing in our local community is and I will continue to champion Liscard, Wallasey and the wider Wirral for possible funds and grants to our town centre."

Liscard in Wallasey could be set for a cash injection (Image: Liverpool Echo)

Mayor Rotheram added: "We established this £5m fund and a new City Region Town Centre Commission because we recognise how important our town centres are for our city region so I wholeheartedly encourage these bids."

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I want to see meaningful outcomes which local residents and businesses support. Bernie has been at the front of the queue looking for support for her local residents and we look forward to seeing the bid submission in the coming weeks."

Wirral Council is hoping to secure a £500,000 grant to improve Liscard (Image: Liverpool Echo)

Labour sources said Birkenhead councillors are also set to meet to discuss launching a similar bid for funding for New Ferry, to kick-start the regeneration of the area following the blast last year.